The JPMorgan Chase & Co. (JPM) Shares Bought by Dynamic Advisors Solutions LLC

The JPMorgan Chase & Co. (JPM) Shares Bought by Dynamic Advisors Solutions LLC

Several other hedge funds have also recently modified their holdings of the company. FMR LLC raised its stake in shares of JPMorgan Chase & Co. by 19.4% in the fourth quarter. FMR LLC now owns 96,587,143 shares of the financial services provider’s stock valued at $8,334,505,000 after buying an additional 15,715,835 shares during the period. Markston International LLC raised its stake in shares of JPMorgan Chase & Co. by 1.3% in the third quarter. Markston International LLC now owns 171,338 shares of the financial services provider’s stock valued at $11,409,000 after buying an additional 2,187 shares during the period. Shepherd Financial Partners LLC purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $3,128,000. Guggenheim Capital LLC increased its stake in shares of JPMorgan Chase & Co. by 5.9% in the fourth quarter. Guggenheim Capital LLC now owns 1,234,560 shares of the financial services provider’s stock valued at $106,530,000 after buying an additional 68,720 shares in the last quarter. Finally, Michael & Susan Dell Foundation bought a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at about $42,343,000. Institutional investors and hedge funds own 73.65% of the company’s stock.

Dynamic Advisors Solutions LLC boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 11.0% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 16,001 shares of the financial services provider’s stock after buying an additional 1,589 shares during the period. Dynamic Advisors Solutions LLC’s holdings in JPMorgan Chase & Co. were worth $1,406,000 at the end of the most recent reporting period.

JPMorgan Chase & Co. (NYSE JPM) opened at 82.64 on Monday. The company has a 50 day moving average price of $85.91 and a 200-day moving average price of $86.27. The firm has a market capitalization of $293.56 billion, a price-to-earnings ratio of 12.72 and a beta of 1.49. JPMorgan Chase & Co. has a 1-year low of $57.05 and a 1-year high of $93.98.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Thursday, April 13th. The financial services provider reported $1.65 EPS for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.13. The business had revenue of $25.59 billion during the quarter, compared to analyst estimates of $24.40 billion. JPMorgan Chase & Co. had a return on equity of 10.91% and a net margin of 23.45%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.35 EPS. On average, analysts forecast that JPMorgan Chase & Co. will post $6.68 EPS for the current fiscal year. The firm also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Thursday, July 6th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Monday, July 3rd. JPMorgan Chase & Co.’s payout ratio is 31.02%.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Thursday, April 13th. The financial services provider reported $1.65 EPS for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.13. The business had revenue of $25.59 billion during the quarter, compared to analyst estimates of $24.40 billion. JPMorgan Chase & Co. had a return on equity of 10.91% and a net margin of 23.45%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.35 EPS. On average, analysts forecast that JPMorgan Chase & Co. will post $6.68 EPS for the current fiscal year. A number of research analysts have issued reports on the stock. BMO Capital Markets restated a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 1st. Keefe, Bruyette & Woods upped their price target on JPMorgan Chase & Co. to $47.00 and gave the company a “buy” rating in a research note on Monday, April 17th. Vining Sparks raised JPMorgan Chase & Co. to an “outperform” rating and set a $95.00 price target for the company in a research note on Thursday, April 27th. Vetr raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $98.53 target price for the company in a research note on Monday, March 20th. Finally, Guggenheim raised JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating and increased their target price for the stock from $88.25 to $96.00 in a research note on Tuesday, April 25th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $80.46.

In other news, Director James S. Crown acquired 11,500 shares of the business’s stock in a transaction that occurred on Wednesday, April 19th. The stock was bought at an average price of $85.48 per share, with a total value of $983,020.00. Following the completion of the acquisition, the director now directly owns 299,862 shares of the company’s stock, valued at approximately $25,632,203.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ashley Bacon sold 6,514 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $87.21, for a total value of $568,085.94. Following the completion of the sale, the insider now directly owns 47,384 shares of the company’s stock, valued at approximately $4,132,358.64. The disclosure for this sale can be found here. In the last three months, insiders sold 20,711 shares of company stock valued at $1,775,791. Corporate insiders own 0.85% of the company’s stock. JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JPM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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